BNM cuts OPR by 50bps to 2%, lowest in 10 years!
For the third time in 2020, Bank Negara Malaysia (BNM) announced the reduction of the overnight policy rate (OPR) by 50 basis points to 2% on May 5, 2020. Chart below show the past 15…
Author Archives: Chat Property Malaysia
Why do people get poor?
I come across this question from one of the live webinar, the question throw to the audience. I saw the chat response as below: lack of money, not born rich, not striking Jackpot, was born…
The most important money lesson learnt
In my past 12 years schooling time, there is no single lesson taught on money. Even the 7 years in Polytechnic and University, it was not taught as well. So end up , I spending…
Should you take up moratorium on your housing loan repayment?
During this COVIT-19 pandemic outbreak, I learn a new term which is “Moratorium”. When Bank Negara Malaysia (BNM) announcing this measures to help bank customers facing financial issues because of Covid-19, I was wondering what…
Site visit of Palm Court, Brickfields
Earlier this week, I was in Kuala Lumpur for a conference. I stayed at the Aloft Hotel near KL Sentral. Normally, when staying in the hotel, I will always go for running on the treadmill….
Pangsapuri Kemuning Aman,Kota Kemuning Shah Alam Viewing
It has been a while for not spending time in the property market. The last time I viewed property is November 2018. As I am aware that the market is slowing down with a lot…
Viewing for a Below market unit at Desa Permai Indah
Although Desa Permai Indah is a leasehold property, I still fond of this property as long as can buy below market price. I did a viewing in year 2016 and recorded in this blog: viewing of…
Desa Permai Indah near USM area
In 2006, when I moved to Penang, Desa Permai Indah is the first apartment I stayed. That is second year I posted to northern region. At that time the whole original unit is rented for…
What is your hourly rate?
On the beautiful Sunday morning, my friend text me how do I renew my road tax. I shared with him before that I renewed my roadtax and insurance online through MYEG.com.my [09:39am, 10/7/2018] Friend J:…
Why do you refinancing your home loan in Malaysia?
We heard a lot of people saying, you can “milk” out your home loan every 10 years. Your property is your cash cow, it is your asset that generating equity every year. As such, do…